MPs say financial measures have been disaster for Conservative party as pound tumbles again
- Stick, twist … or sack Kwarteng? The choices facing Truss
- Politics live – latest updates
Liz Truss and Kwasi Kwarteng are under increasing pressure from Conservative MPs to U-turn on their tax-cutting plans as the pound tumbled again after the Bank of England’s emergency intervention.
Tory MPs expressed disbelief at how the government’s announcement had sunk sterling and caused market turbulence during the cost of living crisis and worst economic backdrop in a generation.
Continue reading…
